Indigo Paints Share Price

NSE: INDIGOPNTS
|
Paints

₹ 1,016.40

-₹7.50 (-0.73%)
1D
Last updated 14 Oct, 2026, 15:29 IST

Indigo Paints Share Price Today

As of 14 Oct 2026, Indigo Paints share price is ₹1,016.40. The stock opened at ₹1,011.30, compared to its previous close of ₹1,023.90. During today's trading session, Indigo Paints share price moved in the range of ₹1,011.30 to ₹1,038.40, with an average price of ₹1,024.85 for the day. Looking at its last 52-week, the stock has touched a low of ₹708.05 and a high of ₹1,345.90. On the performance front, Indigo Paints share price has increased by 26.16% over the last six months and is down 2.27% on a year-on-year basis.

₹1,011.30
0.73% down today
₹1,038.40
1D LOW
1D HIGH

Indigo Paints Returns Calculator

Volume
17,644
Average traded price
₹1,024.00
Last traded time
03:29:57 14 Oct
Last traded quantity
4
Circuit
L
H
₹819.20
₹1,228.60
52-week
L
H
₹708.05
₹1,345.90
Mkt Cap Cr
4,882.81
P/E
29.91
P/B
4.23
ROA
10.02%
ROE
12.57%
ROCE
16.22%
Quick Ratio
1.72
EV/EBITDA
17.13
Based on fundamentals, this stock's
Step 1 of 5
Performance
Very Poor
Indigo Paints has not beaten FD return of 7%
Step 3 of 5
Valuation
Fairly Valued
Indigo Paints appears to be fairly valued compared to its peers
Step 3 of 5
Earnings
Neutral
Indigo Paints earnings growth is positive
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
Asian Paints2,26,457.0146.8210.614.01%20.24%24.36%1.5828.23
Berger Paints55,490.0745.548.0212.11%16.29%20.3%1.1826.71
Kansai Nerolac Paints14,405.7024.652.166.76%8.78%11.82%2.5613.35
Akzo Nobel India13,962.897.115.751.71%17.68%20.96%1.065.57
Sirca Paint India2,335.0434.844.9111.38%13.68%17.7%3.7221.71
Shalim Paints659.73-9.924.84-10.84%-25.86%-9.62%0.54-30.19

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

About Indigo Paints

ISIN
INE09VQ01012
Sector Market Cap
₹ 4,882.81 Cr

Indigo Paints is one of the largest paint manufacturers in India. The company began operations in the lower-end cement paints segment in 2000. It has expanded into a vast category of paints and related products like emulsions, distempers and primers.

The company started operations in Pune, Maharashtra, before expanding to several states across India. The company, founded in 2000, started out with manufacturing of cement paints. Indigo Paints later entered the new segments like water-based paints like exterior emulsions, interior emulsions and distempers, primers.

A few years ago, it clubbed all its subsidiary brands and product lines under one umbrella. By the end of 2020, the company decided to go public. It got converted to Indigo Paints Limited from Indigo Paints Private Limited.

In January 2021, Indigo Paints launched its IPO. As of January 11, 2024, Indigo Paints’ market capitalisation stood at over ₹7,000 crore. Indigo Paints share price has gained over 15% in the last one year.

Business operations

The company has grown exponentially to become one of the country's largest paint manufacturers and distributors. Right from the beginning, it started targeting business operations nationwide.

Indigo Paints has three large-scale manufacturing units in Jodhpur in Rajasthan, Kochi in Kerala and Pudukkottai in Tamil Nadu, producing over 1,00,000 kilolitres of end product annually. Its products are available across 28 states. The key differentiator for Indigo Paints’ products has been their unique approach to the market and innovative ideas like the first metallic paint for the walls.

The company offers its products in different categories including interior emulsions, exterior emulsions, exterior and interior emulsions, waterproofing solutions, enamels, putties and wood coating for both domestic and industrial use. Indigo Paints also manufactures aluminium paint, universal stainer, stone and tile paints and roof paint.

The company has a vast network of over 16,000 active dealers and 8,273 tinting machines in India. The combined capacity utilisation of three of their plants is about 48%, leaving them room to acquire an even larger customer base. Close to 46% of the sales for Indigo Paints come from the South Indian states. Indigo Paints in April 2023 acquired a 51% stake in Apple Chemie to expand its operations into the construction chemicals and waterproofing solutions market.

Indigo Paints Financial Highlights

  • Revenue: Indigo Paints reported revenue of ₹1,417.98 crore in FY26 vs ₹1,359.17 crore in FY25. It showed an increase of 4.33% on a yearly basis.
  • Operating Profit: Indigo Paints reported an operating profit of ₹198.46 crore in FY26 vs ₹189.95 crore in FY25. It showed an increase of 4.48% on a year-on-year basis.
  • Net Profit: Indigo Paints reported a net profit of ₹147.61 crore in FY26 vs ₹142.16 crore in FY25. It showed an increase of 3.83% on a yearly basis.

Indigo Paints Quarterly Result Highlights

  • Indigo Paints reported revenue of ₹379.86 crore in Jun 2026, compared with ₹425.60 crore in Mar 2026, representing a decrease of 10.75% on a quarter-on-quarter (QoQ) basis.
  • Indigo Paints reported an operating profit of ₹56.03 crore in Jun 2026, compared with ₹79.60 crore in Mar 2026, representing a decrease of 29.61% on a quarter-on-quarter (QoQ) basis.
  • Indigo Paints reported a profit of ₹41.70 crore in Jun 2026, compared with ₹59.16 crore in Mar 2026, reflecting a decrease of 29.51% on a QoQ basis.
  • The earnings per share (EPS) of Indigo Paints stood at ₹30.44 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Know more
Promoters
53.88%
FII
5.73%
Other DII
1.27%
Retail and other
15.15%
Mutual funds
23.98%
Foreign Institutional Investor (FII)
FII shareholding by period
Sep 202511.80%
Dec 202511.21%
Mar 20267.41%
Jun 20265.73%
1 day
-0.49%
1 week
-3.90%
1 month
-6.46%
1 year
-2.27%
3 years
-29.99%
5 years
-59.37%
Day
Open / Close
Change %
13 Oct 26
₹1,019.70 / ₹1,023.90
+0.41%
12 Oct 26
₹1,025.00 / ₹1,019.70
-0.29%
09 Oct 26
₹1,028.20 / ₹1,022.70
-1.26%
08 Oct 26
₹1,053.80 / ₹1,035.70
-2.31%
Show more

Indigo Paints Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹1,405.02₹1,340.67₹1,306.09₹1,073.33
Other Income₹12.96₹18.50₹14.22₹10.07
Total Revenue₹1,417.98₹1,359.17₹1,320.30₹1,083.40
Total Expenses₹1,213.39₹1,169.21₹1,121.72₹927.52
Profit Before Tax₹198.46₹189.95₹198.58₹155.88
Tax₹50.85₹47.79₹49.75₹23.94
Profit After Tax₹147.61₹142.16₹148.83₹131.94
EPS - Basic₹30.44₹29.76₹30.95₹27.73
EPS - Diluted₹30.34₹29.68₹30.87₹27.67

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹198.46₹189.95₹198.58₹155.88
Income before WC changes₹256.12₹240.36₹247.97₹191.01
Change in Assets-₹56.59₹11.39-₹66.47-₹62.53
Change in Liabilities₹80.72-₹15.24₹28.76₹12.06
Change in WC₹24.13-₹3.85-₹37.71-₹50.47
Cash flow from Operations₹222.58₹205.66₹151.01₹116.11
Cash flow from Investing-₹196.03-₹177.53-₹151.67-₹84.40
Cash flow from Financing-₹31.54-₹23.93-₹23.24-₹20.06
Total Cash Flow-₹4.99₹4.19-₹23.90₹11.65
Cash (Start of the year)₹37.11₹32.92₹47.18₹35.53
Cash (End of the year)₹32.12₹37.11₹32.92₹47.18

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹817.56₹725.19₹645.80₹542.86
Current Assets₹811.39₹684.99₹624.62₹518.74
Total Assets₹1,628.95₹1,410.18₹1,270.43₹1,061.60
Current Liabilities₹367.33₹288.77₹286.15₹264.08
Net Current Asset₹444.06₹396.22₹338.48₹254.66
Non-Current Liabilities₹107.65₹90.83₹82.14₹21.40
Equity Capital₹1,153.97₹1,030.58₹902.14₹776.13
Total Equity & Liabilities₹1,628.95₹1,410.18₹1,270.43₹1,061.60

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹1,330.12₹1,277.19₹1,254.86₹1,073.33
Other Income₹12.22₹17.46₹13.43₹10.07
Total Revenue₹1,342.33₹1,294.65₹1,268.29₹1,083.40
Total Expenses₹1,141.21₹1,102.42₹1,069.93₹927.52
Profit Before Tax₹195.27₹192.23₹198.36₹155.88
Tax₹49.88₹48.29₹49.71₹23.94
Profit After Tax₹145.39₹143.94₹148.65₹131.94
EPS - Basic₹30.51₹30.22₹31.23₹27.73
EPS - Diluted₹30.41₹30.14₹31.15₹27.67

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹195.27₹192.23₹198.36₹155.88
Income before WC changes₹247.78₹238.49₹242.28₹191.01
Change in Assets-₹51.45₹16.25-₹56.80-₹62.53
Change in Liabilities₹72.11-₹18.53₹24.62₹12.06
Change in WC₹20.66-₹2.28-₹32.19-₹50.47
Cash flow from Operations₹211.37₹204.95₹152.10₹116.11
Cash flow from Investing-₹193.95-₹175.04-₹142.82-₹84.40
Cash flow from Financing-₹25.97-₹25.47-₹23.81-₹20.06
Total Cash Flow-₹8.55₹4.44-₹14.53₹11.65
Cash (Start of the year)₹37.09₹32.65₹47.18₹35.53
Cash (End of the year)₹28.54₹37.09₹32.65₹47.18

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹806.76₹711.49₹630.33₹542.86
Current Assets₹763.17₹646.29₹591.62₹518.74
Total Assets₹1,569.93₹1,357.77₹1,221.95₹1,061.60
Current Liabilities₹342.92₹269.48₹273.77₹264.08
Net Current Asset₹420.25₹376.80₹317.85₹254.66
Non-Current Liabilities₹44.67₹40.15₹33.11₹21.40
Equity Capital₹1,182.35₹1,048.14₹915.07₹776.13
Total Equity & Liabilities₹1,569.93₹1,357.77₹1,221.95₹1,061.60
* All values are in INR Crore
Qty
Bid
0
0
0
0
0
0
0
0
0
0
Ask
Qty
1018.9
52
0
0
0
0
0
0
0
0
Bid Total: 0
Ask Total: 52
Buy orders: 0%
Sell orders: 100%
Bearish
2
Neutral
3
Bullish
3
Slightly Bullish
by SEBI experts
Expert Pick
EXPPICK
Stop-loss
Entry price
Target
Indicator
Value
Verdict
RSI (14)
35.62
Neutral
ATR (14)
34.53
Neutral
STOCH(9,6)
20.02
Bullish
STOCH RSI (14)
6.5
Bullish
ADX(9)
38.85
Bearish
UO(9)
35.07
Neutral
ROC(12)
-8.4
Bearish
WillR(14)
-86.06
Bullish
Period
Simple value
Exponential vaue
5D
1032.44
1032.1
10D
1048.8
1049.04
20D
1079.95
1072.54
50D
1115.5
1088.54
100D
1071.69
1065.47
Volume trend — traded volume by day
14 Oct0L
13 Oct0L
12 Oct0L
9 Oct0L
8 Oct0L
7 Oct0L
Average0L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

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